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Standard Chartered expects $1 trillion of emerging market bank deposits to flow to stablecoins in 2028

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2025-10-06 16:26:30
Standard Chartered estimates that up to $1 trillion of bank deposits in emerging markets could flow to stablecoins by the end of 2028, and emerging markets have historically been a hotspot for stablecoin adoption, largely due to the large unbanked populations in these regions. This trend is likely to intensify even with the US GENIUS Act imposing zero yield requirements on compliance issuers, as returns on capital are more important than returns on capital.
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